Goldman Sachs Group Inc. Has $111.51 Million Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Goldman Sachs Group Inc. decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,147,117 shares of the exchange traded fund’s stock after selling 19,507 shares during the period. Goldman Sachs Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $111,511,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in JNK. Creative Planning grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 16.6% during the 2nd quarter. Creative Planning now owns 4,408 shares of the exchange traded fund’s stock worth $429,000 after buying an additional 629 shares during the period. Franklin Resources Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% during the 2nd quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 124 shares during the period. NewEdge Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 27.5% during the second quarter. NewEdge Advisors LLC now owns 71,831 shares of the exchange traded fund’s stock worth $6,987,000 after acquiring an additional 15,491 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 384,656 shares of the exchange traded fund’s stock worth $37,415,000 after acquiring an additional 13,500 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.1% in the second quarter. Ieq Capital LLC now owns 62,963 shares of the exchange traded fund’s stock worth $6,124,000 after purchasing an additional 712 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

JNK opened at $95.80 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $94.49 and a 1-year high of $98.24. The company has a market cap of $7.25 billion, a P/E ratio of 19.96 and a beta of 0.41. The company has a fifty day moving average price of $96.26 and a two-hundred day moving average price of $96.78.

About SPDR Bloomberg High Yield Bond ETF

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.